‘Emerging Kerala’ to kick off campaign to woo business, trade tycoons

Kerala Biz News

Trivandrum: Kerala is all set to kick-start a massive campaign to position itself as one of the most favourite business destinations in India. Chief Minister Shri Oommen Chandy and Industries & IT Minister Shri P K Kunhalikutty, along with other ministers and senior officials, will meet top business leaders and overseas diplomats in New Delhi on April 20, signalling the launch of a six-month long build-up to one of the biggest investment branding exercises the State has ever undertaken.

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CII Kerala asks KSEB to reconsider power restriction on Industries

Kerala Biz News

Trivandrum: The Government of Kerala’s decision to agree to the Kerala State Electricity Board (KSEB) proposal for a power restriction of 20% on HT & EHT customers has been termed as irrational and unfavourable by the Industries in the State. There is a widespread demand for revoking this proposal of power restrictions as this will deal a severe blow to many of the Industries who are already reeling under the high tariff rates and unfavourable business environment.

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Inkel to invest Rs.5,000 crore in infrastructure projects in Kerala

Kerala Biz News

Tvm: Infrastructures Kerala Limited (Inkel), will invest Rs.5,000 crores in the next four years to support the basic and industrial infrastructure in Kerala. The Government has given in-principle nod for ten projects which is expected to get clearance by the end of this financial year. The fund will be raised through equity and borrowings from financial institutions and some of the directors of the company have expressed interest to invest in feasible projects.

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